XML 18 R8.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Selected Balance Sheet Data | 3 Months Ended
--- | ---
Sep. 30, 2022
Notes to Financial Statements |
Selected Balance Sheet Data | ​ Note 3. Selected Balance Sheet Data: Inventories: Inventories consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, | ​ | June 30,
​ |  | 2022 |  | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​
Raw materials | ​ | $ | 76,724 | ​ | $ | 79,291
Finished goods(1) | ​ |  | 78,177 | ​ |  | 66,943
Inventories, net | ​ | $ | 154,901 | ​ | $ | 146,234
​ (1) Finished goods inventory of $4,892 and $5,111 included within other long-term assets in the respective September 30, 2022 and June 30, 2022, consolidated balance sheet. The inventory is included in long-term assets as it is forecasted to be sold after the 12 months subsequent to the consolidated balance sheet date. Property and Equipment: Property and equipment consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, | ​ | June 30,
​ |  | 2022 |  | 2022
Land | ​ | $ | 8,509 | ​ | $ | 8,572
Buildings and improvements | ​ |  | 230,295 | ​ |  | 229,551
Machinery and equipment | ​ | ​ | 176,746 | ​ | ​ | 174,813
Construction in progress | ​ |  | 24,490 | ​ |  | 21,729
Property and equipment, cost | ​ |  | 440,040 | ​ |  | 434,665
Accumulated depreciation and amortization | ​ |  | (215,942) | ​ |  | (211,423)
Property and equipment, net | ​ | $ | 224,098 | ​ | $ | 223,242
​ Intangible Assets: Intangible assets consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | June 30, | ​
​ | ​ | 2022 | ​ | 2022 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Developed technology | ​ | $ | 613,655 | ​ | $ | 542,038 | ​
Trade names | ​ |  | 146,035 | ​ |  | 146,457 | ​
Customer relationships | ​ |  | 222,131 | ​ |  | 225,882 | ​
Patents | ​ |  | 3,418 | ​ |  | 3,313 | ​
Other intangibles | ​ |  | 6,391 | ​ |  | 6,306 | ​
Definite-lived intangible assets | ​ |  | 991,630 | ​ |  | 923,996 | ​
Accumulated amortization | ​ |  | (428,796) | ​ |  | (415,174) | ​
Definite-lived intangibles assets, net | ​ |  | 562,834 | ​ |  | 508,822 | ​
In process research and development | ​ |  | 22,700 | ​ |  | 22,700 | ​
Total intangible assets, net | ​ | $ | 585,534 | ​ | $ | 531,522 | ​
​ ​ Changes to the carrying amount of net intangible assets for the period ended September 30, 2022 consist of (in thousands): ​
​ | ​ | ​ | ​
​ | ​ | ​ | ​
Beginning balance | ​ | $ | 531,522
Acquisitions | ​ |  | 75,600
Other additions | ​ |  | 63
Amortization expense | ​ |  | (19,504)
Currency translation | ​ | ​ | (2,147)
Ending balance | ​ | $ | 585,534
​ The estimated future amortization expense for intangible assets as of September 30, 2022 is as follows (in thousands): ​
​ | ​ | ​ | ​
Remainder 2023 |  | $ | 57,712
2024 | ​ |  | 74,475
2025 | ​ |  | 71,089
2026 | ​ |  | 67,285
2027 | ​ |  | 57,177
Thereafter | ​ |  | 235,096
Total | ​ | $ | 562,834
​ Goodwill: Changes to the carrying amount of goodwill for the period ended September 30, 2022 consist of (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Diagnostics and |  | ​
​ | ​ | Protein Sciences | ​ | Genomics | ​ | Total
June 30, 2022 | ​ | $ | 376,493 | ​ | $ | 445,608 | ​ | $ | 822,101
Acquisitions | ​ |  | 51,051 | ​ | ​ | — | ​ | ​ | 51,051
Currency translation | ​ |  | (7,582) | ​ | ​ | (152) | ​ | ​ | (7,734)
June 30, 2023 | ​ | $ | 419,962 | ​ | $ | 445,456 | ​ | $ | 865,418
​ We evaluate the carrying value of goodwill in the fourth quarter of each fiscal year and between annual evaluations if events occur or circumstances change that would indicate a possible impairment. The Company performed a quantitative goodwill impairment assessment for all of its reporting units during the fourth quarter of fiscal 2022. No indicators of impairment were identified as part of our assessment.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI https://asc.fasb.org/topic&trid=2122208 + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration